Please complete the Statement of Cash Flows. The terms in light blue highlighted boxes from the last 3 pictures are in correct order and placement, but need the correct corresponding values.
Requirement 1. Prepare the 2024 Statement of Cash Flows by the direct method. (Use a minus sign or parentheses for amounts that result in a decrease in cash. If a box is not used in the statement, leave the box empty; do not select a label or enter a zero.) Complete the statement one section at a time, beginning with the cash flows from operating activities. More info Additionally, CanGrow purchased land of $27,200 by financing it 100% with long-term notes payable during 2024. During the year, there were no sales of land, no retirements of stock, and no treasury stock transactions. A plant asset was disposed of for $0. The cost and accumulated depreciation of the disposed asset was $10,500. The plant acquisition was for cash. CanGrow, Inc. Income Statement Year Ended December 31, 2024 Net Sales Revenue $441,000208,200232,800 Cost of Goods Sold Gross Profit Operating Expenses: Salaries Expense $8,40014,70010,900 Depreciation Expense - Plant Assets Other Operating Expenses 128,800104,000 Operating Income Other Income and (Expenses): Interest Revenue 8.400 Interest Expense (21,500) Total Other Income and (Expenses) Net Income Before Income Taxes Income Tax Expense Net Income \begin{tabular}{rr} \hline(13,100) \\ \hline 115,700 \\ 19,400 \\ \hline$96,300 \\ \hline \hline \end{tabular} CanGrow, Inc. Comparative Balance Sheet December 31, 2024 and 2023 2024 Assets Current Assets: Cash Accounts Recelvable Merchandise Inventory $26,400$26,60080,00015,20025,60091,200 Long-term Assets: Land Plant Assets Total Assets Liabilities Current Liabilities: Accounts Payable Accrued Llabilities \begin{tabular}{c|c|c} $ & 35,200$ & 30,800 \\ 28,200 & 30,200 \end{tabular} Long-term Liabilities: Notes Payable Total Liabilities Stockholders' Equity Common Stock, no par Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity \begin{tabular}{rrr} 88,500 & 64,100 41,200 & 4,600 \\ \hline & 129,700 & 68,700 \\ \hline$ & 268,100 & $229,700 \\ \hline \end{tabular} Cash Flows from Operating Activities: Receipts: Collections From Customers Interest Received Total Cash Receipts Cash Flows from Investing Activities: Cash Payment for Acquisition of Plant Assets Net Cash Provided by (Used for) Investing Activities Cash Flows from Financing Activities: Cash Payment of Dividends Cash Payment of Notes Payable Cash Receipt From Issuance of Common Stock Net Cash Provided by (Used for) Financing Activities Net Increase (Decrease) in Cash Cash Balance, December 31,2023 Cash Balance, December 31,2024 Non-cash Investing and Financing Activities: Acquisition of Land by Issuing Long-term Notes Payable Total Non-cash Investing and Financing Activities